24 September 2020 - ESG Implementation: challenges and practical solutions - Gowling WLG

In this second instalment of LCP and Gowling WLG's webinar series on ESG matters, originally held on 24 September, the expert panel (which includes David Russell, Head of Responsible Investment at USSIM and Naomi L'Estrange, a leading professional trustee from 20-20 Trustees) discussed the practical issues and questions that trustees and corporate sponsors are facing in this important area.

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

... During the session, they discuss:
  • scheme members' views on ESG;
  • how and when to apply investment exclusions;
  • voting and engagement in practice;
  • addressing climate change risk; and
  • lifting the bonnet on ESG integration.
As governments start to think about how to build back better in response to COVID-19, Environmental Social and Governance (ESG) considerations have moved to the centre ground. New legislation for UK pension schemes and general regulatory and societal pressure means that pension scheme trustees have to ensure ESG considerations are an integral part of their decision-making. Some schemes are quite some way along in their ESG integration. Other schemes' progress on ESG is in its infancy. LCP and Gowling WLG held a two part webinar series to help trustees and corporate sponsors understand why ESG matters, how it adds value, and some practical actions to get on the front foot when dealing with the issues. Expert panels of actuaries, lawyers and independent trustees covered the major considerations in this important area.

Learn more here